Multi Currency Trend Finder

Key :

1. Sorts 28 currency pairs on the strength of the trend.


2. Constructs Figure 8 currencies.


3. Creates a candlestick chart currency pair specified user lines 3 and moving .

All the functions are working all the time on the 4 timeframes. Timeframes fashionable change in the indicator properties window. Junior timeframe can also be changed using the built-in buttons.

Currency pairs:

• AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, , NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF and USDJPY. You can also use the currency pairs with the suffixes.


• Abbreviations: AC, AF, AJ, AN, AU, CF, CJ, FJ, EA, EC, EF, EG, EJ, EN, EU, GA, GC, GF, GJ, GN, GU, NC, NF, NJ, NU, UC, UF and UJ.


• Selection: the user can select the preferred currency pair by clicking on the embedded buttons.

Related Currency:

• AUD, CAD, CHF, EUR, GBP, JPY, NZD, and USD.


• Abbreviations: A, C, F, E, G, J, N and U.

Display Settings:

• You can display or hide some or all of the presented functions.

Function 1: Sort strength and trend direction for 28 currency pairs.

• Display of values: This feature displays the sort percent trend, which is calculated by the following formula:

Where:

• Price = current price for the current period or the closing price for the previous periods,


• avgH = average maximum price for the 2 previous period,


• avgL = average minimum price for the 2 previous period,

Condition	Value	percentage trend	price direction	display color
Price > avgH	positive	100 * (Price - avgH) / avgH	Up	The same as the color of the Bull Candle
Price >= AvgL or Price <= avgH	positive	100 * (Price - avgL) / (Price - avgH)	Flete	Same as the color level line
Price < avgL	negative	100 * (Price - avgL) / avgL	Down	The same as the color of the Bear Candle

• Sorting criteria: Sorting from left to right starting with the currency pair which has the maximum number of consecutive timeframes negative trend percentage, currency pair and ends with a maximum number of successive time frames with a positive percentage trend.

• variables: "Trend Magnifier" = percent coefficient for trend. It recommended value 100 for the timeframe H4 and older, or 1000 for smaller timeframes.

• Control buttons:




• "SmallTF >> XLargeTF Sort " = Begin sorting with a small timeframe.


• "XLargeTF >> SmallTF Sort " = Start sorting from the senior timeframe.


• "AC >> UJ Sort " = Sorting abbreviation currency pair.


• "Sorting Off" = Stop and hide data sorting.

• Interpretations from XLargeTF to SmallTF;




1. No trend, if the current price is not in one direction, at least two consecutive periods.


2. Weak trend if the current price is in the same direction for two successive periods.


3. The average trend, if the current price is in the same direction for three successive periods.


4. A strong trend, if the current price is in the same direction during 4 consecutive periods.

Feature 2: forming candlestick chart and a line graph of relative prices by 8 related currencies.

• Control buttons:




• "A_Ln" = Form a line graph of the relative prices for AUD.


• "A_Cd" = Candlestick chart form relative prices for AUD.


• "A_Off" = Hide formed linear and / or candle chart relative prices for AUD.

Similarly, for the CAD, CHF, EUR, GBP, JPY, NZD, and USD.

Function 3: formation of the candle graphics and 3 lines of for the chosen currency pair.

• variables: you can select the averaging mode, applied price, averaging period and the offset for each line of the moving average of the indicator properties window.

• Control buttons:




• "Currency pair's abbreviation" = User can choose a currency pair for this function by clicking the mouse on the buttons on the top row. These buttons are equipped with abbreviations of currency pairs, allow you to enable this for .


• "Candles", "MA1", "MA2" and "MA3" Display = candlestick chart, or any line moving averages.


• "Cndloff", "MA1off", "MA2off" and "MA3off" = Hide the candlestick chart, or any line moving averages.

Note:

1. Use support and resistance levels as currency pair, and in the diagram the relative prices of currencies as the orientation lines for setting levels take profit and stop loss.


2. Use the trend percentage to determine the direction of trade.


3. Open position only when the currency pair is present "The average trend."

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